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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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THE MORTGAGE MALL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE MORTGAGE MALL, INC. |
| Address | 615 SOUTH NEW HOPE ROAD
GASTONIA, NC 28054 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 44 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,024,000 |
| Average Mortgage Loan Amount Applied For | $151,555 |
| Highest Mortgage Loan Amount Applied For | $390,000 |
| Average Applicant Income | $58,777 |
| Highest Applicant Income | $180,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
24 | $3,870,000 |
$153,500 | $390,000 |
$74,500 | $180,000 |
| Refinancing |
20 | $3,154,000 |
$122,500 | $334,000 |
$27,000 | $179,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $100,000 |
$100,000 | $100,000 |
$0 | $0 |
| Black or African American |
3 | $722,000 |
$240,000 | $374,000 |
$93,000 | $160,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
40 | $6,202,000 |
$128,333 | $390,000 |
$47,666 | $180,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
38 | $6,339,000 |
$130,666 | $390,000 |
$65,333 | $180,000 |
| FHA-insured (Federal Housing Administration) |
5 | $489,000 |
$120,000 | $157,000 |
$34,500 | $58,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $196,000 |
$196,000 | $196,000 |
$85,000 | $85,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1 | $261,000 |
$261,000 | $261,000 |
$120,000 | $120,000 |
| Application Withdrawn By Applicant |
7 | $530,000 |
$75,000 | $109,000 |
$51,000 | $113,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
36 | $6,233,000 |
$135,333 | $390,000 |
$49,000 | $180,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE MORTGAGE MALL, INC. by:
Metropolitan Area And
County
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